The rental car rental company that makes cars for many Americans is raising concerns about the cost of car rental in the United States.
Car rental company CARROCar.com reported Monday that it has raised concerns about how car rentals are sold and sold to customers.
“It’s a business model that’s not sustainable,” Carrocar.us President and CEO Andrew Meeks told The Wall St. Journal.
In its report, Carracar.s says that most car rentals in the U.S. cost between $100 and $200 per week.
The company also says that it believes that about 1 million people rent cars at least once a month.
But the company’s report doesn’t include data on car rentals that go online.
Meeks said the company wants to know how many cars are on the road and how often people buy cars online.
“This is not just about the numbers, this is about what’s happening to the drivers,” Meeks said.
“I can’t see how we’re going to be able to provide this kind of data without the car rental companies having some input.”CARROCAR.com has raised some concerns in the past.
In 2011, the company reported that the number of car rentals sold in the country fell by nearly 10% last year.
A similar number of people were leasing their own cars, the report said.
The company is also worried about the future of the rental car industry.
With the rise of cars online, the rental companies will be forced to rely more on the car owners who pay to have their vehicles repaired and fixed, the Carracoar.US report said that while the rental industry will continue to grow, the overall industry will likely shrink by more than 5% this year compared to last year, and by about 3% in 2025 compared to 2025.
And as car rentals get cheaper and more convenient, Carracar.
US said that the cost to the car owner could drop by up to 60% by 2025, depending on the type of car, the mileage and the rental period.
CARRACAR.US expects to continue its drive to make car rental a more affordable way to get around, with the company raising the cost by a dollar or two each time a rental is booked.